I occasionally throw an eye over to the TA thread, but couldn't really see any charts. Where's Gino, Pablo, acouch, and even slick hasn't posted much? Thanks to Fid though for his continued updates.
My TA thoughts, but not the daily, more weekly and monthly. The SP has not turn up just yet, still in a down trend at first glance, so I looked harder. The 8 is still below the 20 on both weekly and monthly. But there are signs that a floor maybe in, especially on the monthly, 3 months of no new low. And the BB's just started to pinch inwards (end of the event, SP rise and fall over the last 18months).
Volume was good for the last few weeks, but this week
very low, so no new selling or manipulation. But still 1.5 days to go.
Take it all with a pinch of salt, but might a false call, but aleast it's a long term look at the charts.
Price call. The SP needs to close above 11 (median/20sma) to start with.
Fundamentally there's a lot to expect in the next 5 months, so that could easily turn the SP up! IMO.
All the best.
